DRF aka Thrifty Bill
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
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I don't see $150 in its current state. With fresh tires and a totally functioning front brake, $150 is about right. +1 Verify stem is not past minimum insert line. Its pretty high.
Vintage MTBs, even really nice models like yours, are underappreciated and are great values for buyers, not so hot for sellers. Around here, $100 to $125 ready to ride is typical, I would put the High Sierra at the top of this range to $150, in pristine, ready to ride, fresh tires condition.
No need to guess age, date code will be stamped on metal head badge, for example, 0677 = 67th day of year ending in a 7; 2648 = 264th day of the year ending in an 8.